Other losers included Ma San Group Corporation (MSN), property developer FLC Group (FLC), Vietcombank (VCB) and Vingroup Joint Stock Company (VIC).

The VN Index could have fallen further without its support legs like Bao Viet Holdings (BVH), which hit the ceiling value at VND57,500, and securities and other large-cap shares likes Viet Nam Dairy Products Joint Stock Company (VNM) and FPT Corporation (FPT).

Foreign investors also contributed to bringing the market up by switching from net sellers on Wednesday to net buyers yesterday, with value traded totaling VND82.68 billion ($3.83 million).

The Ha Noi Stock Exchange's HNX Index performance was inverted, dropping 1.7 per cent to finish at 86.07 points as large-cap shares were sold strongly on the market.

Declining stocks outnumbered advancing ones by 112 to 71, with 48.6 million shares traded at a value of VND641.65 billion ($29.7 million).

Key sectors including banks, brokerage firms and gas corporations declined. Only VNDirect Securities JSC (VND) made a small gain of VND100 to close at VND14,800.

Kim Vi Inox Import Export Production Joint Stock Company (KVC) continued to attract huge attention from investors with a value increase of VND3,300 or 9.88 per cent to VND36,700.